Onex Corporation Completes Investment in Advanced Integration Technology (AIT)

QIA Takes Minority Stake in Advanced Integration Technology (AIT)

February 22, 2022

Industrial Services

Qatar Investment Authority (QIA) agreed to acquire a minority interest in Advanced Integration Technology (AIT) through a combination of primary capital and partial share purchases from AIT’s founding management and Onex Partners IV. The transaction creates joint minority ownership between QIA, AIT’s management and Onex and is intended to support AIT’s post-pandemic growth and innovation in aerospace, defense and space launch automation, including urban air mobility.

Advanced Integration Technology Acquires Nova-Tech Engineering

December 22, 2016

Aerospace & Defense

Advanced Integration Technology (AIT) announced an investment to acquire Nova-Tech Engineering, a Lynnwood, Washington-based designer and integrator of aerospace assembly automation, materials handling and friction-stir welding equipment. Nova-Tech will operate as a distinct business line within AIT, expanding AIT’s aerospace automation capabilities and international footprint; financial terms were not disclosed.

Applied Industrial Technologies Acquires Automation, Inc.

November 2, 2022

Industrial Services

Applied Industrial Technologies (NYSE: AIT) has acquired Automation, Inc., a Minneapolis-based provider of automation products, engineered solutions, and value-added assembly services. The acquisition expands Applied's automation capabilities and geographic footprint in the U.S. Upper Midwest, adding a team of more than 50 associates and established customer relationships across pharmaceutical, manufacturing, life sciences, and consumer products markets.

Applied Industrial Technologies Acquires Advanced Motion Systems Inc.

April 4, 2023

Industrial Services

Applied Industrial Technologies (NYSE: AIT) has acquired Advanced Motion Systems Inc. (AMS), a Rochester, New York-based provider of machine vision, robotics, and motion control products and engineered automation solutions. The acquisition expands Applied's automation capabilities and strengthens its footprint in the U.S. Upper Northeast; financial terms were not disclosed.

Advanced Automation Technologies (AAT) Acquires TE Instruments

January 30, 2025

Manufacturing

Advanced Automation Technologies (AAT), a PE-backed laboratory automation platform supported by Battery Ventures, has acquired TE Instruments (TEI), a Delft-based specialist in combustion elemental analyzers. TEI will join AAT's family of brands (including Skalar Analytical, LCTech, PromoChrom, EST Analytical, tsHR and GERSTEL) to create a unified combustion analyzer division and expand AAT's global sales, service and technical support in environmental, petrochemical and industrial markets.

Nayax Ltd Acquires On Track Innovations (OTI) for Approximately $4.5M

January 20, 2022

Payments & Fintech

Nayax Ltd. agreed to acquire On Track Innovations Ltd. (OTI), a developer of smart unattended payment solutions, for approximately $4.5 million in cash following a short-term loan to repay OTI's debts. The acquisition, to be completed in two phases and merged into Nayax, is intended to expand Nayax's capabilities in unattended payments and support growth in strategic markets such as Japan.